Inflation that causes an increase in prices of goods and services in the economy will,other things being equal
A) tend to decrease GDP.
B) tend to increase GDP.
C) tend to decrease real GDP.
D) tend to increase real GDP.
E) None of the choices/statements are true.
Correct Answer:
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Q79: GDP can increase at a faster rate
Q157: In 1986,the base year,GDP was 4000.In 1989
Q158: Value added in a nation equals
A)the value
Q159: The nation's current output at base year
Q160: Which statement is true?
A)Real GDP can never
Q161: The increased participation of housewives in the
Q163: Which of the following economic transactions would
Q164: C is about _ of GDP.
A)four-fifths
B)seven tenths
C)one-half
D)two-fifths
E)one-third
Q166: "Multiple counting" is avoided when calculating GDP
Q167: Which statement is true?
A)GDP and real GDP
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